Stock market investors this week will be looking for cues from the United States Federal Reserve (US Fed) meeting, which is expected to lead to a rate cut. On the domestic front, investors will be drawing inspiration from the earnings reports of two Philippine Stock Exchange index (PSEi) heavyweights.
“Global markets lean dovish ahead of the Oct. 28 to 29 Federal Open Market Committee (FOMC), where a rate cut now stands as the clear baseline,” said online brokerage firm 2TradeAsia.com.
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